At 6 trn, LIC m-cap surpasses HUL, ITC; stock hits all-time high, surge 5%

At 6 trn, LIC m-cap surpasses HUL, ITC; stock hits all-time high, surge 5%

Life Insurance Corporation of India (LIC) hit an all-time high of Rs 948, ralling 5 per cent on the BSE in Saturday’s intraday trade, in an otherwise range bound market, amid heavy volumes. The stock of the state-owned insurer surpassed its previous high of Rs 920, which it touched on its listing day on May 17, 2022. In comparison, the S&P BSE Sensex was trading flat at 71,699 at 01:41 PM. The average trading volumes on the counter more than doubled with a combined 6.6 million equity…
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Source: https://www.business-standard.com/amp/markets/news/at-6-trn-lic-m-cap-surpasses-hul-itc-stock-hits-all-time-high-surge-5-124012000277_1.html